Global Sunflower Oilcake Market 2025

Sunflower Oilcake Market Size

The global sunflower oilcake market amounted to $X in 2021, growing by 3.6% against the previous year. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the global market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Sunflower Oilcake Production

In value terms, sunflower oilcake production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2014 with an increase of 16% against the previous year. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Sunflower Oilcake Exports

Exports

In 2021, shipments abroad of sunflower oilcake decreased by -17.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 19%. The global exports peaked at X tons in 2020, and then reduced markedly in the following year.

In value terms, sunflower oilcake exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 13% against the previous year. Over the period under review, the global exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Ukraine was the key exporter of sunflower oilcake in the world, with the volume of exports recording X tons, which was near 47% of total exports in 2021. Russia (X tons) ranks second in terms of the total exports with a 19% share, followed by Bulgaria (6.7%), the Netherlands (5.7%) and Hungary (4.7%). Romania (X tons) took a little share of total exports.

Ukraine experienced a relatively flat trend pattern with regard to volume of exports of sunflower oilcake. At the same time, Bulgaria (+17.8%), Hungary (+5.9%), the Netherlands (+4.6%) and Romania (+4.3%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.8% from 2012-2021. Russia experienced a relatively flat trend pattern. Bulgaria (+5.2 p.p.), the Netherlands (+1.9 p.p.) and Hungary (+1.9 p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X) remains the largest sunflower oilcake supplier worldwide, comprising 48% of global exports. The second position in the ranking was taken by Russia ($X), with an 18% share of global exports. It was followed by Bulgaria, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Ukraine amounted to +5.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+2.6% per year) and Bulgaria (+21.4% per year).

Export Prices by Country

The average sunflower oilcake export price stood at $X per ton in 2021, with an increase of 35% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Hungary ($X per ton) and Bulgaria ($X per ton), while the Netherlands ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+5.6%), while the other global leaders experienced more modest paces of growth.

Sunflower Oilcake Imports

Imports

In 2021, supplies from abroad of sunflower oilcake decreased by -11.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 20%. Over the period under review, global imports reached the maximum at X tons in 2020, and then contracted in the following year.

In value terms, sunflower oilcake imports soared to $X in 2021. Over the period under review, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +86.9% against 2016 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 24%. Global imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, China (X tons), distantly followed by Turkey (X tons), France (X tons), Italy (X tons), the Netherlands (X tons) and Belarus (X tons) represented the largest importers of sunflower oilcake, together achieving 60% of total imports. The following importers - Germany (X tons), Poland (X tons), Morocco (X tons), the UK (X tons), Denmark (X tons), India (X tons) and Israel (X tons) - together made up 20% of total imports.

China was also the fastest-growing in terms of the sunflower oilcake imports, with a CAGR of +225.8% from 2012 to 2021. At the same time, Morocco (+18.1%), India (+16.5%), Turkey (+4.8%) and Germany (+2.8%) displayed positive paces of growth. Italy experienced a relatively flat trend pattern. By contrast, the Netherlands (-1.1%), France (-1.9%), Israel (-3.5%), Belarus (-4.2%), the UK (-4.5%), Denmark (-6.4%) and Poland (-13.3%) illustrated a downward trend over the same period. China (+24 p.p.), Turkey (+3 p.p.) and Morocco (+2.4 p.p.) significantly strengthened its position in terms of the global imports, while Italy, the UK, Denmark, France, Belarus and Poland saw its share reduced by -1.6%, -2.3%, -2.6%, -2.6%, -3.4% and -10.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sunflower oilcake worldwide, comprising 27% of global imports. The second position in the ranking was held by Turkey ($X), with a 12% share of global imports. It was followed by France, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +258.4%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+7.9% per year) and France (-0.6% per year).

Import Prices by Country

The average sunflower oilcake import price stood at $X per ton in 2021, with an increase of 38% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sunflower oilcake import price increased by +62.5% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in China ($X per ton) and Morocco ($X per ton), while Denmark ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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